AO Cannot Transfer Income Tax Assessment Without Section 127 Order: Delhi HC

Raj Sheela Growth Fund (P) Ltd Vs ITO (Delhi High Court) The case of Raj Sheela Growth Fund (P) Ltd vs. ITO (Delhi High Court) revolves around the crucial question of jurisdiction in income tax assessment proceedings. The crux of the matter lies in whether the absence of a transfer order under Section 127 of the Income Tax Act allows a non-jurisdictional Assessing Officer (AO) to proceed with the assessment. In this case, Raj Sheela Growth Fund (P) Ltd, a private limited company, filed its Income Tax Return (ITR) for the Assessment Year (AY) 2015-16 before the Central Circle-20, New Delhi. How...